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ACT NOW!! 07-01-09 FINAL WARNING - A HISTORY OF THE NEW WORLD ORDER
FINAL WARNING - A HISTORY
OF THE NEW WORLD ORDER
When you talk about tracing the origin of an organization that is controlling the destiny of the world, it's obvious that you have to start at a period which would allow a movement of this magnitude time to ferment. Changes like the ones which have and are occurring do not take place overnight. We are dealing with a group which must have been growing for a long period of time, in order to obtain the power and influence necessary to achieve the global control now being exercised. When you think of it, in that context, there is such a group. The leader of this group was a man named, Dr. Adam Weishaupt, who was born on February 6, 1748, the son of a Jewish rabbi. When his father died in 1753, he was converted to Catholicism by Baron Johann Adam Ickstatt, who turned the early training of the boy over to the Jesuits. Ickstatt, in 1742, had been appointed by the Jesuits to be the curator of the University in order to reorganize it. He retired in 1765, but still controlled its policies. Although Weishaupt later became a priest, he developed a distinct hatred for the Jesuits, and became an atheist. Given access to the private library of Ickstatt, his Godfather, the young man became interested in the works of the French philosophers, and studied law, economics, politics, and history. One such philosopher, Voltaire (1694-1778), a revolutionary who held liberal religious views, had written in a letter to King Frederick II ("the Great", a Mason):
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WHO OR WHAT IS IT
THAT CONTROLS US?
By David Icke (2)
Diane: How can we make the radical changes needed to transform the subterfuge occurring on the planet at this time? David: One of the big keys is for people to start being guided by their intuition instead of being imprisoned by their minds. What changed my life, to be honest — and led me on this journey — was a decision I made in the late 1980s. I said to myself, if ever my intuition and my mind were in conflict again, that I was always going to follow my intuition. At that time I was a television presenter and spokesperson for the British Green Party. I was in the three-dimensional, conventional world. But I felt strangely not part of it. Once I started to follow my intuition, however, rather than my conditioned mind, my life changed dramatically. When I was faced with a situation where there was conflict between the two, I went with the intuition. Eventually, there came a point in time when my mind began to observe that even though following my intuition brought me to some very challenging situations, when all had worked its way though I could see why I had to go through them. What happens to many people is that at the point where the mind is screaming at the intuition, "See, I told you so, I told you you'd be in a mess if you didn't listen to me," they pull out of the intuition and start going with the mind again. But if you stick with it, eventually you reach the point where your mind and intuition come into sync, and what you feel and what you think become the same thing. The war that goes on between the two comes to an end.
MAKING BIG BUCKS OFF
OTHER PEOPLE'S MISERY
By James Ridgway November 15, 2005 (3)
Washington, D.C.—President Bush's vague plan for coping with a serious outbreak of bird flu is based largely on fear and greed. There is no secret about this. He seeks to get people's attention by scaring the citizenry with visions of millions of people dying from a pandemic so bad it leads to martial law, mass quarantines, restrictions on travel, and so on. He wants to encourage private business to meet the crisis by producing more of existing drugs such as Tamiflu to combat a flu plague and entice the drug companies to work harder and faster to make a vaccine by ensuring its profitability. The answer to a bird flu pandemic is not a passive first-world population riveted to the TV, watching one person after another drop dead across the world as sickened birds fly closer and closer and finally land in our midst. The answer lies in effective communication at all levels among different nations, through their medical establishments, scientists, and spotters, so that as soon as sick or dead birds are found, the birds in surrounding areas can be culled. This is a job for the World Health Organization, which is part of the United Nations, the organization Bush and his ambassador, John Bolton, are determined at all costs to wreck. While developed countries race to lay in supplies of antiviral drugs, there is little interest in the animals themselves and in animal-human interaction where flu can begin and spread. The WHO and Food and Agriculture Organization have only 40 veterinarians between them. "Reducing human exposure requires education about handling poultry and a fundamental change in cultural attitudes towards human- animal interactions and husbandry in many parts of the world," writes The Lancet, the British medical journal.
MAKING BIG BUCKS OFF
OTHER PEOPLE'S MISERY
By James Ridgway November 15, 2005 (4)
Washington, D.C.—President Bush's vague plan for coping with a serious outbreak of bird flu is based largely on fear and greed. There is no secret about this. He seeks to get people's attention by scaring the citizenry with visions of millions of people dying from a pandemic so bad it leads to martial law, mass quarantines, restrictions on travel, and so on. He wants to encourage private business to meet the crisis by producing more of existing drugs such as Tamiflu to combat a flu plague and entice the drug companies to work harder and faster to make a vaccine by ensuring its profitability. The answer to a bird flu pandemic is not a passive first-world population riveted to the TV, watching one person after another drop dead across the world as sickened birds fly closer and closer and finally land in our midst. The answer lies in effective communication at all levels among different nations, through their medical establishments, scientists, and spotters, so that as soon as sick or dead birds are found, the birds in surrounding areas can be culled. This is a job for the World Health Organization, which is part of the United Nations, the organization Bush and his ambassador, John Bolton, are determined at all costs to wreck. While developed countries race to lay in supplies of antiviral drugs, there is little interest in the animals themselves and in animal-human interaction where flu can begin and spread. The WHO and Food and Agriculture Organization have only 40 veterinarians between them. "Reducing human exposure requires education about handling poultry and a fundamental change in cultural attitudes towards human- animal interactions and husbandry in many parts of the world," writes The Lancet, the British medical journal.
HOW THE "NAFTA FLU" EXPLODED
ON THE INTERNATIONAL SCENE
April 28, 2009 (5)
Smithfield Farms Fled the US Environmental Laws to Open a Gigantic Pig Farm in Mexico, and all We Got Was This Lousy Swine Flu.
US and Mexico authorities claim that neither knew about the "swine flu" outbreak until April 24. But after hundreds of residents of a town in Veracruz, Mexico, came down with its symptoms, the story had already hit the Mexican national press by April 5. The daily La Jornada reported: Clouds of flies emanate from the rusty lagoons where the Carroll Ranches business tosses the fecal wastes of its pig farms, and the open-air contamination is already generating an epidemic of respiratory infections in the town of La Gloria, in the Perote Valley, according to Town Administrator Bertha Crisóstomo López. The town has 3,000 inhabitants, hundreds of whom reported severe flu symptoms in March. CNN's Dr. Sanjay Gupta, reporting from Mexico, has identified a La Gloria child who contracted the first case of identified "swine flu" in February as "patient zero," five-year-old Edgar Hernández, now a survivor of the disease. By April 15 – nine days before Mexican federal authorities of the regime of President Felipe Calderon acknowledged any problem at all – the local daily newspaper, Marcha, reported that a company called Carroll Ranches was "the cause of the epidemic." La Jornada columnist Julio Hernández López connects the corporate dots to explain how the Virginia-based Smithfield Farms came to Mexico: In 1985, Smithfield Farms received what was, at the time, the most expensive fine in history – $12.6 million – for violating the US Clean Water Act at its pig facilities near the Pagan River in Smithfield, Virginia, a tributary that flows into the Chesapeake Bay. The company, according to the US Environmental Protection Agency (EPA) dumped hog waste into the river.
By Al Giordano
HOW THE "NAFTA FLU" EXPLODED
MEXICO'S SWINE FLU AND THE
GLOBALIZATION OF DISEASE
April 29, 2009 (6)
While closing the borders is not the answer, an investigation into the root causes of the epidemic must lead to a full accounting of the risks of globalization and industrial farming. Poor countries with poor health run the greatest risks and yet the current system gives their concerns short shrift and little resources. A misplaced priority on profits over human health in the context of globalized world led to this epidemic and its possibilities becoming the world's latest pandemic.
Mexico has long been considered the laboratory of globalization. Now a potentially deadly virus has germinated in that laboratory, finding ideal conditions to move quickly along a path toward global pandemic. Those conditions include: a rapid transition from small livestock production to industrial meat farms after NAFTA established incentives for foreign investment, the failed decentralization of Mexico's health system along lines established by multilateral lending banks, lax and non-enforced environmental and health regulations as the Mexican government was forced to downsize, the increased flow of goods and persons across borders, and restricted access to life-saving medicines due to NAFTA intellectual property monopolies for pharmaceutical companies. Mexico under Medical Siege - The swine flu alert in Mexico rose to a level four this week, meaning that it is spreading human-to-human and shows a significant increase in the risk of becoming a pandemic. Schools are closed until at least May 6. The Mexico City government shut down the city's 35,000 restaurants on Monday. Countries including Canada, Argentina, and several European nations have cancelled flights between Mexico in an effort to contain the spread of the new flu, although Keiji Fukuda of the WHO noted, "closing borders or restricting travel has really little effect in stopping the movement of this virus" now that cases are appearing across the globe.
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FLYING PIGS, TAMIFLU,
AND FACTORY FARMS
By William F. Engdahl April 29, 2009 (7)
If we are to believe what our trusted international media report, the world is on the brink of a global pandemic outbreak of a new deadly strain of flu, H1N1 as it has been labelled, or more popularly, Swine Flu. As the story goes, the outbreak of the deadly flu was first discovered in Mexico Mexico Canada to Spain
One website, revealingly named Swine Flu Vaccine, reports the alarming news, `One out of every five residents of
SWINE FLU CRISIS LAYS BARE
THE MEAT INDUSTRY'S POWER
By Mike Davis April 28, 2009 ((8)
The Mexican swine flu, a genetic chimera probably conceived in the faecal mire of an industrial pigsty, suddenly threatens to give the whole world a fever. The initial outbreaks across North America reveal an infection already travelling at higher velocity than did the last official pandemic strain, the 1968 Hong Kong flu. Stealing the limelight from our officially appointed assassin, H5N1, this porcine virus is a threat of unknown magnitude. It seems less lethal than Sars in 2003, but as an influenza it may be more durable than Sars. Given that domesticated seasonal type-A influenzas kill as many one million people a year, even a modest increment of virulence, especially if combined with high incidence, could produce carnage equivalent to a major war. Meanwhile, one of its first victims has been the consoling faith, long preached by the World Health Organisation, that pandemics can be contained by the rapid responses of medical bureaucracies, independent of the quality of local public health. Since the initial H5N1 deaths in Hong Kong in 1997, the WHO, with the support of most national health services, has promoted a strategy focused on the identification and isolation of a pandemic strain within its local radius of outbreak, followed by a thorough dousing of the population with antivirals and (if available) vaccine.An army of sceptics has contested this viral counter-insurgency approach, pointing out that microbes can now fly around the world (quite literally in the case of avian flu) faster than WHO or local officials can react to the original outbreak. They also pointed to the primitive, often non-existent surveillance of the interface between human and animal diseases.
OBAMA GETS BILLIONS
FOR "PANDEMIC" SWINE FLU
William F. Engdahl June 25, 2009 (9)
Buried amid news stories about World Breastfeeding Week, World Suicide Prevention Day and World Rabies Day, the WHO has a small item giving the latest supposed count of `laboratory confirmed H1N1 cases. It is something on the order of 55,000 persons worldwide since this April at a factory pig farm in Veracruz Mexico a small child got ill and the world was told of a deadly new `Swine Flu' that was allegedly spreading from pig to person. Yet the US
Although neither the WHO nor the US Government's Centers for Disease Control nor the Robert Koch Institute nor the Pasteur Institute nor any government or private agency in the world has yet to scientifically isolate, to photograph with means of electron microscopy and to list the chemical characteristics of the `novel H1N1 Influenza A virus' as it is now officially called, the WHO has seen fit to declare a global "Pandemic Alert" Phase 6 alarm. WHO sounds the Pandemic Gong What is conveniently obscured in most all media accounts of the WHO is the definition of their `pandemic' declaration. A look at the official definition reveals that it relates merely to the number of countries in a given WHO region reporting cases of a given disease. Specifically, Phase 5, just below Pandemic is defined as `sustained community level outbreaks in two or more countries in one WHO region. Phase 6 includes the Phase 5 conditions plus `sustained outbreaks in at least one other country in another WHO region.' In her June 11 statement declaring, almost triumphantly, that WHO criteria had been met to declare an official Phase 6 `pandemic,' meaning they claim to have found the symptoms in a specific number of countries, WHO's Director-General, Harvard-trained Dr Margaret Chan declared, `On present evidence, the overwhelming majority of patients experience mild symptoms and make a rapid and full recovery, often in the absence of any form of medical treatment. She then added, `Worldwide, the number of deaths is small…we do not expect to see a sudden and dramatic jump in the number of severe or fatal infections.' Oh? That's interesting. Then why the alarm? Mutations? Of what?
http://globalresear
http://groups.
CHARGES FILED AGAINST WHO AND UN
FOR INTENT TO COMMIT MASS MURDER
By Barbara Minton June 25, 2009 (10)
As the anticipated July release date for Baxter's A/H1N1 flu pandemic vaccine approaches, an Austrian investigative journalist is warning the world that the greatest crime in the history of humanity is underway. Jane Burgermeister has recently filed criminal charges with the FBI against the World Health Organization (WHO), the United Nations (UN), and several of the highest ranking government and corporate officials concerning bioterrorism and attempts to commit mass murder. She has also prepared an injunction against forced vaccination which is being filed in America. These actions follow her charges filed in April against Baxter AG and Avir Green Hills Biotechnology of Austria for producing contaminated bird flu vaccine, alleging this was a deliberate act to cause and profit from a pandemic. Summary of claims and allegations filed with FBI in Austria on June 10, 2009 - In her charges, Burgermeister presents evidence of acts of bioterrorism that is in violation of U.S. law by a group operating within the U.S. under the direction of international bankers who control the Federal Reserve, as well as WHO, UN and NATO. T
his bioterrorism is for the purpose of carrying out a mass genocide against the U.S. population by use of a genetically engineered flu pandemic virus with the intent of causing death. This group has annexed high government offices in the U.S. Specifically, evidence is presented that the defendants, Barack Obama, President of the U.S, David Nabarro, UN System Coordinator for Influenza, Margaret Chan, Director-General of WHO, Kathleen Sibelius, Secretary of Department of Health and Human Services, Janet Napolitano, Secretary of Department of Homeland Security, David de Rotschild, banker, David Rockefeller, banker, George Soros, banker, Werner Faymann, Chancellor of Austria, and Alois Stoger, Austrian Health Minister, among others, are part of this international corporate criminal syndicate which has developed, produced, stockpiled and employed biological weapons to eliminate the population of the U.S. and other countries for financial and political gain.
THE ZIONIST ELEPHANT IN THE ROOM -
BUT SEE IT, AND YOU ARE A RACIST
David Icke June 22, 2009 (11)
The political creed of Zionism has big ears and a long trunk and I think it's time that was pointed out. It also stampedes through our lives at every level and that needs to be said, too. It has created a pincer-movement on the human mind by hijacking staggering amounts of political, corporate, banking and media power on one side and by using the fear of being called 'anti-Semitic' if you dare to state the bloody obvious. They have been able to do this by equating in public perception that Zionism = Jewish people. It does not. Zionism is a political creed introduced by the House of Rothschild to advance the goals of the Illuminati families that are largely controlled by the Rothschilds. When people think of Zionism they think of Jewish people. When they think of Israel they think of Jewish people. That's understandable given the propaganda, but it is seriously misleading and those instant connections need to be broken if we are going to understand what's going on here. Significant numbers of Jewish people are not Zionists and oppose that appalling creed while many Zionists are not Jewish. These include the Christian Zionists and Obama's vice-president, Joe Biden, who told Israeli television 'I'm a Zionist'. Here's the clip if you can stand it ... If, as Biden rightly says, you don't have to be a Jew to be a Zionist, how can it be a racial rather than a political movement? It can't. It's just made to appear like that to manipulate public perception because opposing Zionism then becomes opposing Jewish people as a whole and the 'you're a racist' card can be played over and over.
GENERAL SMEDLY BUTLER -
WAR IS A BLOODY RACKET
(12)
WAR is a racket. It always has been. It is possibly the oldest, easily the most profitable, surely the most vicious. It is the only one international in scope. It is the only one in which the profits are reckoned in dollars and the losses in lives. A racket is best described, I believe, as something that is not what it seems to the majority of the people. Only a small "inside" group knows what it is about. It is conducted for the benefit of the very few, at the expense of the very many. Out of war a few people make huge fortunes. In the World War [I] a mere handful garnered the profits of the conflict. At least 21,000 new millionaires and billionaires were made in the United States during the World War. That many admitted their huge blood gains in their income tax returns. How many other war millionaires falsified their tax returns no one knows. How many of these war millionaires shouldered a rifle? How many of them dug a trench? How many of them knew what it meant to go hungry in a rat-infested dug-out? How many of them spent sleepless, frightened nights, ducking shells and shrapnel and machine gun bullets? How many of them parried a bayonet thrust of an enemy? How many of them were wounded or killed in battle? This bill renders a horrible accounting. Newly placed gravestones. Mangled bodies. Shattered minds. Broken hearts and homes. Economic instability. Depression and all its attendant miseries. Back-breaking taxation for generations and generations. For a great many years, as a soldier, I had a suspicion that war was a racket; not until I retired to civil life did I fully realize it.
BIGGER, BLOODIER WARS
EQUAL PEACE AND JUSTICE
By James Petras May 17, 2009 (13)The Deltas are psychos. You have to be a certified psychopath to join the Delta Force", a US Army colonel from Fort Bragg once told me back in the 1980's. Now President Obama has elevated the most notorious of the psychopaths, General Stanley McChrystal, to head the US and NATO military command in Afghanistan. McChrystal's rise to leadership is marked by his central role in directing special operations teams engaged in extrajudicial assassinations, systematic torture, bombing of civilian communities and search and destroy missions. He is the very embodiment of the brutality and gore that accompanies military-driven empire building. Between September 2003 and August 2008, McChrystal directed the Pentagon's Joint Special Operations (JSO) Command which operates special teams in overseas assassinations. The point of the 'Special Operations' teams (SOT) is that they do not distinguish between civilian and military oppositions, between activists and their sympathizers and the armed resistance. The SOT specialize in establishing death squads and recruiting and training paramilitary forces to terrorize communities, neighborhoods and social movements opposing US client regimes. The SOT's 'counter-terrorism' is terrorism in reverse, focusing on socio-political groups between US proxies and the armed resistance. McChrystal's SOT targeted local and national insurgent leaders in Iraq, Afghanistan and Pakistan through commando raids and air strikes. During the last 5 years of the Bush-Cheney-
AFGHANS BLAME US AIRSTRIKES
FOR DEATHS AND DESTRUCTION
May 15, 2009 (14)
KABUL - Human Rights Watch accused the U.S. military of not doing enough to reduce civilian casualties during battles in Afghanistan and called Friday for "fundamental changes" to prevent civilian deaths like those during an airstrike this month. The New York-based organization said its preliminary investigation into a May 4-5 clash that killed scores of people, including many women and children, found that measures put in place by the U.S. military to safeguard civilians were "inadequate.
US PROCEDURES FAIL AFGHAN CIVILIANS
OBAMA'S FOREIGN POLICY FAILURES -
DIPLOMACY, MILITARISM, AND IMAGERY
By Prof. James Petras May 21, 2009 (15)
Introduction
President Obama's greatest foreign policy successes are found in the reports of the mass media. His greatest failures go unreported, but are of great consequence. A survey of the major foreign policy priorities of the White House reveals a continuous series of major setbacks, which call into question the principal objectives and methods pursued by the Obama regime. These are in order of importance: (1) Washington's attempt to push for a joint economic stimulus program among the 20 biggest economies at the G-20 meeting in April 2009; (2) Calls for a major military commitment from NATO to increase the number of combat troops in conflict zones in Afghanistan and Pakistan to complement the additional 21,000 US troop buildup (Financial Times April 12, 2009 p.7); (3) Plans to forge closer political and diplomatic relations among the countries of the Americas based on the pursuit of a common agenda, including the continued exclusion of Cuba and isolation of Venezuela, Bolivia and Ecuador (La Jornada (Mex. D.F.) April 20, 2009); (4) Weakening, isolating and pressuring Iran through a mixture of diplomatic gestures and tightening economic sanctions to surrender its nuclear energy program (Financial Times, April 16/17, 2009 p. 7); (5) The application of pressure on North Korea to suspend its satellite and missile testing program in addition to dismantling its nuclear weapons program. (Financial Times, April 13, 2009 p.4); (6) Securing an agreement between Israel and the Palestinian Authority for a `two state solution', in which Israel agrees to end and dismantle its illegal settlements in exchange for recognition of Israel as a `Jewish State' (Financial Times, April 13, 2009, p.5); (7) Pressuring the government of Pakistan to increase its military role in attacking the autonomous Northwest provinces and territories along the Pakistan-Afghan border insupport of the US war against Islamic resistance movements, especially among the Pashtun people (over 40 million strong), in both Afghanistan and Pakistan (FT April 23, 2009 p.3); and (8
SOLVING PALESTINE
WHILE ISRAEL DESTROYS IT
By Kathleen & Bill Christison
April 16, 2009 (16)
To a greater degree than perhaps ever before, Washington today is engulfed in denial about Israel and its stupefying behavior, about its murderous policies toward the Palestinians, about the efforts of Israel and its U.S. defenders to force us to ignore its atrocities. Blinders have always been part of the attire of U.S. policymakers and politicians with regard to Israel and Israeli actions, but in the wake of the three-week Israeli assault that laid waste to the tiny territory of Gaza -- an assault ended very conveniently just before Barack Obama was inaugurated, so that he has been able to act as though it never occurred -- the perspective from which Washington operates is strikingly more blinkered than ever in the past. At a symposium on Capitol Hill sponsored by the Middle East Policy Council just days before Obama took office, Ali Abunimah, a sharp Palestinian-
WILL PRESIDENT OBAMA ALSO
INDULGE ISRAELI REJECTIONISM?
February 4, 2009 (17)Ariel Sharon still sleeps peacefully on life-support three years after suffering a massive stroke, but you could be forgiven for thinking he was still at the helm in Israel — because today, the Israeli government appears to have only tactics to fight the next battle, but no strategy beyond an improvisational combination of expanding the occupation of the West Bank, cynically chanting the benedictions of a two-state divorce that will come, one day (like the moshiach) while getting on with the "iron wall" business of creating expansive "facts on the ground" and trying to crush Palestinian resistance. There's no "peace process" at work in the Israeli-Palestinian conflict, nor as there been for the past eight years. Perhaps Benjamin Netanyahu's victory in next weekend's Israeli election will provide what George W. Bush liked to call a "moment of clarity", by making it unmistakably clear that Israel's leaders are not, in any meaningful sense, a "partner" for a credible two-state solution to the Israeli-Palestinian conflict. (Then again, you're more likely to hear more wishful spin about how Bibi, precisely because he's so hawkish, is a better bet for making peace — which sort of dodges the inconvenient truth that Bibi has no intention of doing so.) As I wrote in the National this week, What do we call leaders who reject a two-state solution to the Israeli-Palestinian conflict, whose manifestos deny their adversary the right to sovereign statehood, and who oppose a final agreement, instead offering only long-term truces? Rejectionists… if they're Palestinian… If they're Israeli, they're more likely to be called "Mr Prime Minister". Consider Benjamin Netanyahu, who looks likely to head the next Israeli government after the elections on February 10. "Bibi" has made clear that he won't be bound by any undertakings given by his predecessor, Ehud Olmert, to the Palestinian President Mahmoud Abbas.
Tony Karon http://tonykaron.
ariel-will-obama-
VIDEO - THE ISRAEL LOBBY http://www.youtube.
feature=PlayList&p=3E80CFDCD3E43528&index=27
PROTECTING THE WORLD FROM
EVIL WHILE DOING EVIL OURSELVES
By Paul Craig Roberts June 22, 2009 (18)
David Ray Griffin, the nemesis of the collection of disinformation known as the 9/11 Commission Report, has taken up the question of Osama Bin Laden, dead or alive? On the basis of the available evidence, Griffin concludes that bin Laden died in December 2001, most likely of kidney failure. He has been kept alive in the media by US government PSYOPS as a useful bogyman to justify America's illegal wars of aggression. The messages received from bin Laden since his death appear to be conveniently timed fabrications designed to advance US government purposes.Osama bin Laden is likely to become a mythical person, like the Georgia Tech student, George P. Burdell, who will be sighted from time to time over a period that exceeds the length of a human life. It was less than one year ago that Americans were subjected to PSYOPS disinformation from their government concerning the Russia-Georgia conflict over South Ossetia. Soviet ruler Joseph Stalin incorporated South Ossetia, formerly a part of Russia, into his home province of Georgia. When the Soviet Union broke up, Georgia became independent and retained South Ossetia. Secession movements arose in South Ossetia and in Abkhazia. These secession movements were the reason European members of NATO rejected the US government's attempt to make Georgia a NATO member in order to extend the US/NATO military presence on Russia's borders in contravention of previous US government agreements with Russia.To terminate the secession movement and, thereby remove the barrier to Georgia becoming a NATO member, the US, with Israel's help, trained and equipped the Georgian military and gave the American puppet ruler, installed in the aftermath of one of the US-orchestrated "color revolutions,
THE WANING POWER OF TRUTHhttp://onlinejourna
BEYOND THE SOARING RHETO-
RIC OF OBAMA'S CAIRO SPEECH
By Paul Rockstroh June 11, 2009 (19)
Even as President Barrack Obama waxed eloquent in Cairo, Egypt, on the moral imperatives of the community of nations, public opinion polls released in the United States revealed that, by a substantial percentage, its citizens believe torture is an acceptable option for interrogation of suspects deemed terrorists by various US governmental agencies. In addition, other polls show a majority of the American public hold the opinion that the all American theme park of state torture, located at Guantánamo Bay, Cuba, should remain open for business and continue to welcome guests from around the globe, taking them for the ride of their lives through the dark id of the American psyche. These revelations should not come as a shock. Torture, official secrecy, and other sundry apparatus and accouterments of the national security state are about the only viable enterprises remaining in this declining nation. Moreover, one of the defining traits of the insecure (both among men and nations) is to stand, bristling in a paranoid posture, with feet planted in stubborn defiance of changing circumstances, snarling at invisible threats and imagined affronts, as life moves on with indifferent grace. Recently, in the latest in a series of setbacks and self-inflicted wounds, the national identity of the United States sustained another humiliating blow when General Motors was driven into a ditch, declared totaled, and then stripped and sold for spare parts. This event throws a rod into the smoking engine block of the nation's dream machine: The automobiles manufactured in Detroit were once symbols of American power, freedom of mobility, even sexual allure. But the world has sped ahead, leaving the US wheezing dust in its wake:
THE CRISIS MAY BE OUR BEST
CHANCE TO BUILD A NEW SOCIETY
By David Korten June 6, 2009 (20)
Wall Street is bankrupt. Instead of trying to save it, we can build a new economy that puts money and business in the service of people and the planet-not the other way around. 
Whether it was divine providence or just good luck, we should give thanks that financial collapse hit us before the worst of global warming and peak oil. As challenging as the economic meltdown may be, it buys time to build a new economy that serves life rather than money. It lays bare the fact that the existing financial system has brought our way of life and the natural systems on which we depend to the brink of collapse. This wake-up call is inspiring unprecedented numbers of people to take action to bring forth the culture and institutions of a new economy that can serve us and sustain our living planet for generations into the future. The world of financial stability, environmental sustainability, economic justice, and peace that most psychologically healthy people want is possible if we replace a defective operating system that values only money, seeks to monetize every relationship, and pits each person in a competition with every other for dominance. From Economic Power to Basket Case - Not long ago, the news was filled with stories of how Wall Street's money masters had discovered the secrets of creating limitless wealth through exotic financial maneuvers that eliminated both risk and the burden of producing anything of real value. In an audacious social engineering experiment, corporate interests drove a public policy shift that made finance the leading sector of the U.S. economy and the concentration of private wealth the leading economic priority.Corporate interests drove a policy agenda that rolled back taxes on high incomes, gave tax preference to income from financial speculation over income from productive work, cut back social safety nets, drove down wages.......
Whether it was divine providence or just good luck, we should give thanks that financial collapse hit us before the worst of global warming and peak oil. As challenging as the economic meltdown may be, it buys time to build a new economy that serves life rather than money. It lays bare the fact that the existing financial system has brought our way of life and the natural systems on which we depend to the brink of collapse. This wake-up call is inspiring unprecedented numbers of people to take action to bring forth the culture and institutions of a new economy that can serve us and sustain our living planet for generations into the future. The world of financial stability, environmental sustainability, economic justice, and peace that most psychologically healthy people want is possible if we replace a defective operating system that values only money, seeks to monetize every relationship, and pits each person in a competition with every other for dominance. From Economic Power to Basket Case - Not long ago, the news was filled with stories of how Wall Street's money masters had discovered the secrets of creating limitless wealth through exotic financial maneuvers that eliminated both risk and the burden of producing anything of real value. In an audacious social engineering experiment, corporate interests drove a public policy shift that made finance the leading sector of the U.S. economy and the concentration of private wealth the leading economic priority.Corporate interests drove a policy agenda that rolled back taxes on high incomes, gave tax preference to income from financial speculation over income from productive work, cut back social safety nets, drove down wages.......THE DEEPER ORIGINS
OF THE FINANCIAL CRISIS
Shamus Cooke May 28, 2009 (21)For all the horror the global economic crisis has caused for so many people, one progressive consequence has emerged: many of these people are becoming politically conscious — searching for information to better understand their political and economic system. They want to know how things got the way they did and what can be done about it. Unfortunately, much of the resulting analysis has focused too little on actual causes, and too much on abstract financial details and other consequences of deeper economic problems.
Therefore, the typical explanation of the economic crisis goes as follows: depression-era financial regulations were tossed aside, and banks were allowed to merge into new institutions that then invented ways to transform debts into assets, which were gambled away on the stock exchange to the tunes of trillions of dollars. All of which is true. What's missing, however, is why. Why did successive governments allow the regulations to be destroyed? And more importantly, why did the entire political establishment agree that these regulations needed to go? One important statistic can help provide some insight: Whereas manufacturing was twice as large as the financial sector of the U.S. GDP in 1970, these numbers have since been reversed — the financial sector is now 21 percent of U.S. GDP, while manufacturing is just 12 percent, and shrinking. Why did the financial sector grow as manufacturing sank? And how are the two related? Investors (capitalists) have become increasingly frustrated with actually producing things; the profits just aren't what they used to be. This is because manufacturers — under capitalism — must compete with others on the world market in selling their goods; and the only way to win this competition is to have the lowest prices, requiring that you also own the most up-to-date and expensive machinery.
http://www.globalre
Article&code=COO20090528&articleId=13761
AGAINST THE TORURED LOGIC OF
OBAMA'S PLACEBO PRESIDENCY
By Phil Rockstroh May 27, 2009 (22)From time to time, events unfold that are so large in scope, so all-encompassing in their implications that one's initial response is muted by an inability to categorize it all within the realm of experience. Previous reference points prove of little service. One's image of oneself and one's place in the world is under seize, perhaps even in danger of being torn away. One stare's into the abyss, until the abyss removes its dark shades and makes direct eye contact. The mind buzzes; one's thoughts scuttle in circles like stunned insects. On a collective basis, we as a nation are living through such a time. At present, we are witnessing the descending spiral of Icarusian Capitalism; our sacred delusion of the perpetual ascendancy of a god-like market place lies broken in the dust. Malls and McMansions stand abandoned, desolate as the edifices of forgotten gods, as the come-ons of the salesmen of deregulated capitalism are churned to spittle amid a cacophony of collapsing market platitudes. And not an uptick in public optimism, nor a surge of euphoria on Wall Street, nor the "invisible hand of the marketplace" sprinkling pixie dust will bring back the Olympian days of 2005, when the wise men of Washington and Wall Street knew the force of gravity was just a myth believed in by those embittered prophets of doom whose only joy in life is fantasizing the fall of their wealthy betters. It does not matter a damn how many dollars our present day believers of neoliberal tall tales, President Obama and Treasury Secretary Geithner, pour into the hole in the ground where the crash occurred, a bean stalk, twining skyward towards a golden, debt-negating goose, will not flower forth.
of-obamas-placebo-
EVIDENCE MOUNTS THAT
RECESSION MAY BE ENDING
May 28, 2009 (23)
Worries have also risen that demand for U.S. debt by big foreign investors would dry up. Some large holders of U.S. debt, such as China, have expressed concern that the country has borrowed too much to finance all its myriad recovery programs. If China or others back off from buying Treasury securities, it could force the U.S. to raise interest rates to entice them back. Higher rates would mean more expensive loans for cars, homes and to fund business operations which could choke off any nascent recovery.
The economy is throwing off signals that it may be bumping along the bottom, and the ride is likely to be rough. Some of recent green lights include: a rise in demand for big-ticket items like major appliances, a decline in applications for unemployment benefits and a housing market that is no longer in free-fall. The data lend weight to the growing notion, supported by more than 90 percent of economists in a recent survey, that the deepest recession since the 1930s may be drawing to a close. "The developing trend signals this recession — the longest and deepest of the postwar era — is losing momentum," Wachovia economic analyst Tim Quinlan said in a note to clients. But the economic picture is still a bit blurry. For example, the Commerce Department reported Thursday that orders for durable goods like appliances, heavy machinery and aircraft posted their biggest one-month gain in 16 months, up 1.9 percent from March. But March orders were revised downward to a decline of 2.1 percent, leaving the two-month total at nearly a wash. Still, the key indicator has risen in two of the past three months after having recorded six straight declines. Analysts believe this could be signaling that the deep recession in manufacturing may be bottoming out. But they believe a sustained rebound is still some distance away.
THERE ARE NO GUARANTEES FOR
A SUCCESSFUL GM BANKRUPTCY
By Roland Jones June 1, 2009 (24)It's an outcome that was nearly unthinkable just six months ago. General Motors, a company once synonymous with America's industrial might, is following its smaller rival Chrysler into bankruptcy court for a government-forced reorganization. Now, for the sake of taxpayers, investors and the economy as a whole, GM needs to emerge from the largest industrial bankruptcy in U.S. history as a leaner company that makes cars people want to buy. By every measure, it's a tall order. Chrysler, which filed for a government-backed bankruptcy April 30, has demonstrated that it is possible for a large enterprise, pushed by the strong arm of the federal government, to move smoothly and rapidly through bankruptcy court. Chrysler, which plans to sell most of its assets to Italian carmaker Fiat, is nearing a quick exit from bankruptcy protection.But its unsure whether the smaller GM that emerges from bankruptcy court will ever be able to find its way back to standalone profitability, or whether it will remain permanently reliant on its new principal owner, the U.S. government."
VIDEO - THE GM BANKRUPTCY'http://www.msnbc.
WORKERS, TOWNS CAST
ADRIFT BY GM BANKRUPTCY
June 1, 2009 (25)
DETROIT - Pontiac. Mansfield. Spring Hill. Orion Township. All these places once thrived in the shadow of General Motors plants. But now their futures — and their very identities — are in doubt with the automaker's decision to file for bankruptcy and shut down more than a dozen factories. The closings will cause "a ripple effect, and eventually it's going to ripple ... all over this country," said the Rev. Robert Knox, 53, who worked for GM for 31 years before taking a buyout in 2006. He's now an associate minister at a Baptist church in Pontiac, Mich., where GM will close an assembly plant. This city's been affected for years because of plants closing and people moving out, and this is going to affect it more," he said. General Motors Corp., the once-mighty car giant whose plants were the lifeblood of many American communities, filed its Chapter 11 petition Monday in New York. It was the fourth-largest bankruptcy in U.S. history and the largest for an industrial company. GM also revealed Monday that it will permanently close nine more plants and idle three others. Some of the towns most threatened by GM's woes would not exist without the automaker. The company has been part of everyday life by contributing to orchestras, community colleges and ballparks. "It's going to impact in a lot of ways we're not even thinking about," said Skip Allman, executive director the United Way of Richland County, home to an Ohio stamping plant slated to close. Workers at the plant near Mansfield, Ohio, contributed $200,000 to the United Way a year ago. If that money disappears, some programs could be in jeopardy, including a system for helping soldiers return from overseas if a family member is dying and another program that provides student tutoring. "It will be horrible," he said. "We're just praying for a miracle." In nearby Ontario, Ohio, a GM stamping plant that opened in 1956 created an entire community.
OBAMA ARRIVES AT A
CRITICAL CROSSROADS
By Pam Martens June 1,2009 (26)
For the past eight months, we have been a nation focused on bailouts and bankruptcies. For the past ten years, we have been a nation ignoring massive wealth transfer and wealth concentration through a rigged Wall Street. As simple and clear as this picture is, some of the brightest minds in this country are unwilling to connect the cause and effect of wealth in too few hands to bankruptcies and a tanking economy. Wealth-deprived consumers can't buy the goods and services being produced. This leads to repetitive cycles of layoffs and growing unemployment which leads to more wealth-deprived consumers leading to more overcapacity in production plants, more layoffs, more shrinking purchasing power. The accompanying, and equally dangerous, problem is that concentrated wealth stifles the very innovation that is necessary to create new industries, new jobs and lead us out of the downward economic spiral. Let's think about the individuals who tapped into Wall Street's rigged wealth transfer system and what they have done with their ill-gotten loot: typically, they own three or more homes, fancy cars, multiple country club memberships, airplanes, yachts, and numbered offshore bank accounts. The problem is, they just can't buy enough to compensate for the purchases they have deprived hundreds of thousands of other consumers from being able to make. Goods sit on shelves, new orders get cancelled, leading to production cuts, layoffs, plant closings and bankruptcies.
Job Market Damage Remains
DEEP AND WIDESPREAD
By John W. Schoen June 5, 2009 (27)
The worst of the job market collapse appears to be over. But with businesses still shedding hundreds of thousands of jobs each month, it will take well into next year or longer before the economy creates enough new jobs to begin bringing the the unemployment rate back to pre-recession levels. Even though the jobless rate jumped in May to a 26-year high of 9.4 percent, Friday's monthly report was much better than expected. The economy's net loss of 345,000 jobs, below the 500,000-plus forecast and the lowest monthly total since September of last year. That suggests the worst of the carnage that began with the financial crisis last year has ended, an impression that was confirmed by this week's report that the number of people receiving unemployment benefits fell for the first time in more than four months. These indicators are consistent with evidence that the economy is working its way to recovery after the worst recession since World War II. But the damage inflicted on the job market has been heavy, and is far from over. Already some 6 million jobs have been lost since the economy peaked in December 2007, and with employers still shedding jobs the total may reach 9 million before the job market turns around, according to John Silvia, chief economist for Wachovia. That would represent about 6 percent of the work force. The number of long-term unemployed — those out of work for 27 weeks or more — stands at a record 3.9 million, triple the number at the start of the recession. With employers continuing to shed jobs, the jobless rate is likely to top 10 percent and could remain stubbornly high for some time to come. In recent recoveries, employers have been slow to higher, meaning that the jobless rate can continue to rise even as the economy begins to expand.
BANKS LOOK GOOD, BUT ZOMBIES
TILL THEY CLEAN UP THEIR BOOKS
By Yalman Onaran June 5, 2009 (28)
Big banks in the U.S. say they're on the mend. The five largest were profitable in the first quarter, rebounding from record losses for the industry in the fourth quarter. Share prices have jumped, with the KBW Bank Index doubling since March 6. Treasury Secretary Timothy Geithner, after "stress testing" 19 banks on their ability to withstand a worsening economy, declared in early May that Americans can be confident in the banks' stability and resilience. Wells Fargo & Co. and Morgan Stanley were among banks raising $43 billion in new capital since then through share sales. "With our capital and assets, stressed as they have been, we can go back to focusing all our attention on managing our business and restoring value," Citigroup Inc. Chief Executive Officer Vikram Pandit said after Geithner's examinations were completed. The revival may be short-lived. Analysts who have examined the quarterly profits and government tests say that accounting rule changes and rosy assumptions are making the institutions look healthier than they are. The government probably wants to win time for the banks, keeping them alive as they struggle to earn their way out of the mess, says economist Joseph Stiglitz of Columbia University in New York. The danger is that weak banks will remain reluctant to lend, hobbling President Barack Obama's efforts to pull the economy out of recession. `Bogus' Profit - Citigroup's $1.6 billion in first-quarter profit would vanish if accounting were more stringent, says Martin Weiss of Weiss Research Inc. in Jupiter, Florida. "The big banks' profits were totally bogus," says Weiss, whose 38-year-old firm rates financial companies. "The new accounting rules, the stress tests: They're all part of a major effort to put lipstick on a pig."
THE STORM IS NOT YET OVER -
NO SIR, NOT BY A LONG SHOT
By Sandy B. Lewis & William D. Cohan
June 7, 2009 (29)
WHETHER at a fund-raising dinner for wealthy supporters in Beverly Hills, or at an Air Force base in Nevada, or at Charlie Rose's table in New York City, President Obama is conducting an all-out campaign to try to make us feel a whole lot better about the economy as quickly as possible. "It's safe to say we have stepped back from the brink, that there is some calm that didn't exist before," he told donors at the Beverly Hilton Hotel late last month. Mr. Obama thinks that the way to revive the economy is to restore confidence in it. If the mood is right, the capital will flow. But this belief is dangerously misguided. We are sympathetic to the extraordinary challenge the president faces, but if we've learned anything at all two years into the worst financial crisis of our lifetimes, it is that a capital-markets system this dependent on public confidence is a shockingly inadequate foundation upon which to rest our economy. We have both spent large chunks of our lives working on Wall Street, absorbing its ethic and mores. We're concerned that nothing has really been fixed. We're doubly concerned that people appear to feel the worst of the storm is over — and in this, they are aided and abetted by a hugely popular and charismatic president and by the fact that the Dow has increased by 35 percent or so since Mr. Obama started to lay out his economic plans in March. But wishing for improvement and managing by the Dow's swings are a fool's game. (Disclosure: One of us, Mr. Lewis, was convicted on federal charges of stock manipulation in 1989, pardoned by President Bill Clinton in 2001 and had his lifetime trading ban overturned by the Securities and Exchange Commission in 2006; documents relating to the case can be found at sblewis.net.)
THE ECONOMY IS STILL AT THE BRINK
TROUBLE WITH THE DEMOCRATS -
THEIR SAME AS THE REPUBLICANS
By William Greider June 9,2009 (30)
The governing party faced an awkward dilemma. People were hurting and furious at the government's generous bailouts for banks. But how could the Democrats do something for the folks without upsetting their friends and patrons in the banking industry? Democrats think they found a way. They are enacting a series of measures described as "breakthrough" reform and "unprecedented" defeat for the bankers. Only these achievements are more accurately understood as "reform lite." The house is on fire and Democrats brought a garden hose. The Democratic Party is changing in some promising ways, but what's impressive is how much it has not changed. Does that sound harsh? I am relying on private judgments from Washington players regarded as the "white hats" on this subject--consumer lobbyists and other public-interest reformers, who for years have labored in frustration to enact laws that would restore equity and honest relationships to the out-of-control financial system. These organizations mostly endorse the Democrats' efforts and celebrate their "victories." But a few minutes of private conversation reveals their doubt and disappointment. "It's a good bill," they will say, then after enumerating the shortcomings add, "It's better than nothing." "This has to be on background, OK?" one of the reformers said. "This crisis brought down the world economy and yet Congress still hasn't passed a bill making sure it doesn't happen again." Julia Gordon, a lawyer with the Center for Responsible Lending, did not seek anonymity. "We have reached the moment to ask ourselves Rabbi Hillel's question: if not now, when?" Gordon said. "I fear we are letting this crucial moment pass without putting forward-looking rules in place to fundamentally change how mortgages are made and prevent predatory lending. Plus, when we look back at the foreclosure tsunami that devastated so many families, we're going to be ashamed that we did not fix the bankruptcy code to permit mortgage modification.
MISTAKING THE SHADOW
FOR THE SUBSTANCE
By Arian Nevin June 9, 2009 (31)
Thomas Friedman believes G.M. is a "giant wealth-destruction machine." He's dead wrong. General Motors was, is and will be a giant wealth-production machine. Industry produces wealth, and G.M. is the victim of an unsound money system. The abysmal state of the world economy has no physical cause. We have not run out of resources, factories, people, or suffered a cataclysm. All over the world, the unemployed are willing and eager to work, but are prevented from earning a livelihood because they cannot find work. An upside down notion of national economic wealth and an unsound monetary system are at fault. The wealth of a nation is fundamentally based on the physical wealth it creates. Physical wealth consists of things that are beneficial to human life such as food, houses, clothes, cars, etc. The foundation of a nation's wealth is the industries that create physical wealth: raw material extraction, energy, agriculture, and manufacturing. To become wealthy, a nation must produce and consume wealth. A nation is not made wealthy through banking, finance, litigation, or insurance. Individuals correctly regard the money they possess and the money they are owed as part of their wealth. But, while debt and money are ultimately ways for individuals to obtain wealth, they are not wealth in and of themselves. Money is simply the medium by which we exchange physical wealth. Money and debt are simply human conventions having no intrinsic value in themselves. Thus, for a nation to be wealthy, it must produce physical value. A nation should not and cannot consider the money and debt it holds as wealth. If a nation were to have ten times as much money as it does now, physically it would not have any more wealth than before. Thus, though an individual can be made very wealthy by accumulating money, a nation cannot.
THE MONEY SYSTEM TRIGGERED
THE BANKRUPTCY OF GM
http://globalresearTHE ENDING OF AMERICA'S
FINANCIAL-MILITARY EMPIRE
By Michael Hudson June 15, 2009 (32)
The city of Yekaterinburg, Russia's largest east of the Urals, may become known not only as the end of the road for the tsars but of American hegemony too; as the place not only where US U-2 pilot Gary Powers was shot down in 1960, but where the US-centered international financial order was brought to ground. Challenging America is the prime focus of extended meetings in Yekaterinburg, Russia (formerly Sverdlovsk) today and tomorrow (June 15-16) for Chinese President Hu Jintao, Russian President Dmitry Medvedev and other top officials of the six-nation Shanghai Cooperation Organization (SCO). The alliance is comprised of Russia, China, Kazakhstan, Tajikistan, Kyrghyzstan and Uzbekistan, with observer status for Iran, India, Pakistan and Mongolia. It will be joined on Tuesday by Brazil for trade discussions among the so-called BRIC nations --Brazil, Russia, India and China. The attendees have assured American diplomats that it is not their aim to dismantle the financial and military empire of the United States. They simply want to discuss mutual aid – but in a way that has no role for the United States, for NATO or for the US dollar as a vehicle for trade. US diplomats may well ask what this really means, if not a move to make US hegemony obsolete. After all, that is what a multipolar world means. For starters, in 2005 the SCO asked Washington to set a timeline to withdraw from its military bases in Central Asia.
THE BIG BANK BAILOUT
PAYBACK BAMBOOZLE
By Nomi Prins June 14, 2009 (33)
Last week was a milestone for US treasury secretary Tim Geithner. He finally got to play the hero. The morning of June 9, Treasury notified 10 financial institutions, including JPMorgan Chase, Goldman Sachs, Morgan Stanley, US Bancorp, and Capital One Financial, that they were "eligible to complete the repayment process" for the capital they received under the Troubled Assets Relief Program (TARP). In other words, they would be allowed to pay back $68.3 billion. Even though they really owe $229.7 billion. That we know of. But Geithner didn't mention that last bit. Instead, he professed that "these repayments are an encouraging sign of financial repair," with the caveat that "we still have work to do." The "we" he refers to is himself and Wall Street, both of whom are getting a good deal out of this fractional payback scheme. The agreement frees the banks from restrictions on executive pay or, worse, their general practices, but it still allows them to keep the cash they've received through non-TARP venues like the FDIC Temporary Liquidity Guarantee Program—
or the massive sums the banks recovered from AIG (thanks to its own federal bailout) to cover their losses on credit derivatives. Not to mention any cash provided by the mother of all cheap loan programs—the Federal Reserve. Geithner, for his part, gets to convey the message that things are looking up. "These repayments follow a period in which many banks have successfully raised equity capital from private investors," stated the press release. "Also, for the first time in many months, these banks have issued long-term debt that is not guaranteed by the government."
THE AMERICAN EMPIRE
HAS BEEN BANKRUPTED
By Chris Hedges June 15, 2009 (34)
This week marks the end of the dollar's reign as the world's reserve currency. It marks the start of a terrible period of economic and political decline in the United States. And it signals the last gasp of the American imperium. That's over. It is not coming back. And what is to come will be very, very painful. Barack Obama, and the criminal class on Wall Street, aided by a corporate media that continues to peddle fatuous gossip and trash talk as news while we endure the greatest economic crisis in our history, may have fooled us, but the rest of the world knows we are bankrupt. And these nations are damned if they are going to continue to prop up an inflated dollar and sustain the massive federal budget deficits, swollen to over $2 trillion, which fund America's imperial expansion in Eurasia and our system of casino capitalism. They have us by the throat. They are about to squeeze. There are meetings being held Monday and Tuesday in Yekaterinburg, Russia, (formerly Sverdlovsk) among Chinese President Hu Jintao, Russian President Dmitry Medvedev and other top officials of the six-nation Shanghai Cooperation Organization. The United States, which asked to attend, was denied admittance. Watch what happens there carefully. The gathering is, in the words of economist Michael Hudson, "the most important meeting of the 21st century so far." It is the first formal step by our major trading partners to replace the dollar as the world's reserve currency. If they succeed, the dollar will dramatically plummet in value, the cost of imports, including oil, will skyrocket, interest rates will climb and jobs will hemorrhage at a rate that will make the last few months look like boom times. State and federal services will be reduced or shut down for lack of funds.
THE AMERICAN EMPIRE IS BANKRUPT http://informationc
AGENDA FOR A NEW ECONOMY - FROM
PHANTOM WEALTH TO REAL WEALTH
By Richard C. Clark June 14, 2009 (35)
Click on the following link to view a truly stunning documentary film in high definition video. http://www.youtube.
http://www.opednews
-Economy--by-
VIDEO - THE WORLD IS UNDER MASS HYPNOSIS
http://www.youtube.
VIDEO - MONEY IS DEBT FOR ENSLAVEMENT http://hiddentrutht
VIDEO - ARTIFICIAL WORLD CRISIS EXPOSED
http://lightworkers
HOW OFFSHORING UNDER-
MINES AMERICA'S WORKERS
(36)
June 11, 2007 - Economic discussion in the United States is trapped in ancient ruts. Both right and left are stuck in old habitual ways of thinking. Neither shows inclination or ability to think independently of ideology. For a country beset with economic problems, this is problematic. The ascendency of free market economics during the past quarter century has removed some constraints on corporate power. It is difficult to argue that this is a desirable result. For example, the concentration of media ownership permitted by the Clinton administration in the 1990s has destroyed the independence of the US media, thus reducing the accountability of government. Deregulation has had unintended consequences. The growth of corporate influence has facilitated the reach of special interests into universities and think tanks and turned some from pursuit of truth to "for-profit activities" that compromise the independence of studies and publications. The left-wing, which refuses to accept that the Great Depression was caused by the Federal Reserve's mistaken monetary policy and still blames corporate power and greed for the 1930s decade of high unemployment, is disturbed at the loosening of the leash on corporate power. The left-wing is correct that corporations have grown in power and that income inequality has worsened. US income inequality was worsened and the unions busted by the collapse of world socialism and the rise of the high speed Internet.